Investing in mutual funds is one of the best ways to create wealth over a period of time. However, mutual funds come in various types and categories that suit different investment needs.
Mutual funds have something for everyone including aggressive investor who may want to earn high returns by taking high risk, moderate risk-taking investors and those who are conservative with minimum risk-taking ability.
While investing one should choose a fund that suits one’s risk-profile and preferably consult a financial adviser to make the right choice. Here are ten different MF categories where investors can invest their money: